What is Blockchain Recruiting? 2019 Guide

By Basel Ismail

Published 11:15 am

The alleged lack of blockchain talent is an increasing concern in the industry. For many companies, this is a huge challenge. However, some say this isn’t really a problem. There’s so much talent out there. But only if you know where to look.

Tech recruiting is hard. The availability of human resources is thin. But that’s nothing compared to blockchain recruiting. Around the world, there are millions of developers working on Java and other software products. But did you know there are only thousands of developers working on blockchain applications?

According to William Mougayar’s mid-2016 estimates, there were only about 5,000 blockchain developers; 20,000 if you include other individuals who had experimented in this particular technology field.

In 2017, the total number of people working for the top blockchain companies did not exceed 600 people. In addition, an online job portal listed about 300 job opportunities; these listings had to do with blockchain technology. Of this number, 70 were listed for IBM while 15 were for the giant auditing firm Deloitte.

With Bitcoin and Ethereum thriving and reaching new exchange rate levels, the demand for blockchain jobs is still high. Which is why many industries are having trouble filling those positions.

So how can these companies cope with the increasing demand? A recruiter has the solutions for these blockchain recruiting challenges.

Blockchain Talent Isn’t on LinkedIn

As the demand for blockchain talent soars, many companies resort to job ads. Where do they post them? On social media, particularly on LinkedIn.

Yes, that’s right. According to Financial Times, job listings aimed at blockchain developers doubled in 2017. The forecast is that it will still continue to rise. On the other hand, tech startups and bitcoin firms continue to court blockchain project managers and sales executives.

Due to the incessant demand, prospects started to hide their skills and credentials on LinkedIn. The reason behind it could be either of two things. First, they may be handling multiple blockchain projects at the moment. Or, second, taking in a new assignment may not be in their peripherals for the time being.

Under these circumstances, how do companies recruit blockchain talent? How would you get smart contract developers to sign up? How would you entice project managers or account executives to join the company?

This Is Where a Recruiter Can Help

I have worked in premium match-making companies that connect the best blockchain talent with industries looking to have the most competitive resources. We can help identify the essential skills needed and seek interested individuals who have the right skills and experience for the job.

Forget the conventional methods on recruitment, selection, and hiring. Those techniques will only take a lot of time and effort to implement. And the results, barely satisfactory.

Blockchain recruiting may seem very difficult. On the other hand, the talent may seem scarce. But it’s not. The talent is there. These individuals, however, appear to be recluse. They favor working behind closed doors. They tend to shy away from the incessant demand of job recruiters. As a result, this gives the appearance of finding them as a bigger challenge.

It’s just matter of knowing where to find the talent. And when you find them, it becomes a matter of how to get them to join your company.

This is where seasoned recruiter comes in. We can help you make things a whole lot easier. Their blockchain recruiting teams will source and recruit the most competitive candidates for your business needs.

Overcoming the Hurdles in Blockchain Recruiting

One of the biggest issues in blockchain recruiting today is not just on the sourcing of talent. Actually it’s also on the process of vetting and qualifying the candidates for these jobs.

Since the work is very technical, candidates for the blockchain jobs need to be who they say they are. Thus, companies would require their credentials to be legitimate. This causes job recruiters to become detectives. They need to look into each candidate’s work history, educational credentials, experience, etc.

Ideally HR personnel and recruiters would have to look beyond the paper and actually investigate. Not just accept the applicant’s curriculum vitae at face value. However, this is usually not the case in many instances.

As a result of skipping these critical steps, companies often find themselves in pie-in-the-face moments. They only later discover their sales executives didn’t have the degrees they claim to possess. Or having blockchain developers that don’t have the essential skills for the job.

Whether you’re a tech startup or an established company, a recruiter can help you. It is always best to find one that is the leading blockchain recruiting and talent acquisition firm in the world. Operating in multiple industries, their goal is to fill these specialized roles with the most competitive resources.

Recruiter to the Rescue

Résumé fraud is easy to achieve and, hence, a fairly common occurrence. One can easily claim to possess certain skills and experience. Thus, it is important for recruiters and companies to be able to correctly identify the fraud.

For this reason, a recruiter puts emphasis on validation and verification to avoid these embarrassing (not to mention, potentially damaging) situations in the future. They ascertain each candidate has the right skills before forwarding them to the right organization.

The leading blockchain recruiting process includes a thorough screening process. They require every candidate to undergo a battery of tests to assess their proficiency in blockchain, cryptos, and financial technology.

There is also a live coding challenge phase. They administer live coding exams to assess each candidate’s critical thinking ability.

Finally, to address the matter of résumé fraud, every candidate will go through extensive interviews and reference checks to verify his or her educational credentials, skills, and work history.